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21 Cards in this Set

  • Front
  • Back
bull market
Upward trend in stock prices
margin buying
the practice of purchasing stocks with borrowed money
bear market
one with a downward trend in stock prices.
Black Thursday
October 29, 1929; the day investors caused a panic on Wall Street by selling their stocks
Black Tuesday
October 29, 1929; day the stock market crashed; contributed to the Great Depression
Gross national product
the total value of all goods and services produced in a given year
Smoot-Hawley Tariff
High tariff law that contributed to a global economic downturn in the 1930
business cycle
the regular ups and downs of business in a free enterprise economy
mutualistas
Mexican American communities formed mutual aid societies know as...
breadlines
Lines formed by people wait for free food, such as those that occurred during the Great Depression
Shantytowns
collections of makeshitft shelters built out of packing boxes, scrap lumber, corrugated iron, and other thrown away items.
Herbert Hoover
He was a president during the Great Depression and thought the people could fix there problems themselves.
Josefina Fierro de Bright
An activist who fled with her patents from revolution in Mexico to settle in California
James Hilton
a weary traveler stumbles upon a peaceful, prosperous utopia hidden in the mountains of Tibet
James T. Farrell
He protrayed the grim life of Chicago's Irish immigrants in his Studs Lonigan trilogy.
William Faulkner
Wrote the Sound and the Fury and As I Lay Dying, which portrayed tragic events in small town mississippi
Andrew Mellon
Secretary oh the Treasury who argued that the government should keep its hands off the econoly
Reconstruction Finance Corporation
Created by Congress in Feb., authorized to lend up to $2 billion of taxpayer money to stabilize troubled banks, insurance companies, railroad companies and other institutions.
Bonus Army
A mill that would have granted the veterans- many unemployed- early payment of the pension bonuses owed them for their service during the war.
Franklin D. Roosevelt
He ran against Hoover and he won, he promised programs for umemployment
Eleanor Roosevelt
Franklins wife; Theodore Roosevelt's niece